Bid prices to farmers, FOB Memphis elevators by truck

Saturday, March 23, 2019

Bids      Change             Basis          Change
Corn       3.8425-3.9025   UP 2               6K to 12K      UNCH
Soybeans   8.8875-8.9175   DN 9.75-DN 13.75   -15K to -12K   DN 3 to DN 7
SRW Wheat  NA              NA                 NA             NA
Sorghum    NA              NA                 NA             NA

Contract Bids for New Crop Delivery
Corn       3.8525-3.8825   UP 1.5             -8U to -5U     UNCH
Soybeans   9.1350-9.1950   DN 7.25-DN 5.25    -24X to -18X   UNCH to UP 2
SRW Wheat  4.9375-4.9575   DN 0.75            23N to 25N     UNCH
Sorghum    NA              NA                 NA             NA

* All bids are $/bu except Sorghum, which is $/cwt.
NA = Not Available  No Comp = No Comparison

Chicago Board of Trade month symbols: F January, G February, H March,
J April, K May, M June, N July, Q August, U September, V October,
X November, Z December
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Monthly Prices for: February 2019

No. 2 Yellow Corn                       3.9392
No. 1 Yellow Soybeans                   9.2722
No. 2 Soft Red Winter Wheat             5.2894
No. 1 Yellow Sorghum                        NA

Source: USDA-AR Agriculture Dept, Little Rock, AR
        Heather Riley  501-823-1743
        www.ams.usda.gov/mnreports/lr_gr110.txt
        www.ams.usda.gov/LPSMarketNewsPage

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